If it were up to SMBs, they prefer to bank with local financial institutions – to the tune of 89%!
However, 45% of respondents primarily conducted business with a large national bank due to the desire for innovative and convenient digital banking tools.
69% shared that the pandemic and resulting economic crisis have accelerated the dire need for convenient, digital banking solutions.
Learn how local banks need to change to meet banking users’ tech expectations: https://loquatinc.io/blog/small-business-banking-of-the-future-what-we-need-to-know/?utm_source=Linkedin&utm_medium=Social&utm_content=ap_ahyq70stpl
